Web3 Weekly Review: Degens Are Sending Tokens to BlackRock for the Memes...
NFT Weekly News #41 19th Mar- 25th Mar
NFT News Weekly Update #41
(19/03/2024-25/03/2024)
GM
Welcome to NFT Weekly News by Threekeyslab🗝️🗝️🗝️. Here you can find the latest curated news📰in the NFT world. Every week, we aim to provide a selection of the most interesting news and events that are fostering the development of the NFT world.
The NFT field is constantly evolving, and this article will review last week's Top🔝NFT news. Let's take a look👀together!
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Top News 🔝
📌NFT |Degens Are Sending Tokens to BlackRock for the Memes (Mar 22).
After BlackRock launched its BUIDL tokenized asset fund, putting $100 million of dollar-pegged assets on-chain, crypto degens have been celebrating by sending NFTs and crypto to their Ethereum wallet. The tokens include CryptoDickButts, Goblintown, and Kaiju Kingz, many of which are worth serious money; at the time of this writing, dickbutts are worth more than half an ETH.Other tokens sent to the BUIDL account include fungible currencies sent through the US-banned Tornado Cash app and a great number of meme coins.
📌NFT|Bargain vs. Blue-Chip: Inside Dave Krugman’s “DRIP DROP” and “DRIVE” Collections (Mar 25）
In the web3 space, few artists approach community building with as much intentionality as Dave Krugman.
Since gaining recognition for his unique 1/1 pieces on SuperRare, the photographer and founder of Allships has methodically broadened the ecosystem surrounding his art. He follows a meticulously crafted plan known as the "ring theory of community value." Krugman's method focuses on thoughtfully enlarging his overall community presence through larger collections, thereby enriching his initial investors and ensuring accessibility for newcomers.
📌NFT|EXPLORING THE STARGAZE MARKETPLACE: UNLOCK THE POWER OF COSMOS (Mar 25)
Unlock the power of the Cosmos with Stargaze, the premier NFT marketplace built on the Cosmos blockchain. Discover a universe of unique digital art, collectibles, gaming assets, and more – all connected by the seamless interoperability of the Cosmos network. Whether you’re a creator seeking a vibrant community or a collector exploring the frontiers of digital ownership, Stargaze is your gateway to the infinite possibilities of NFTs.
Market Update 📣
Last week, the primary NFT PFP projects that saw significant sales included BAYC ，Mad Lads，Punk. These projects are renowned for their adorable characters and unique designs, making them highly sought after in the digital art market.
Chromie Squiggle，Meridian and Gazer stood out as the main NFT Art projects sold last week. These artworks are celebrated for their distinctive visual styles and the creativity of the artists involved, showcasing the diversity and innovation present in the digital art realm.
To find out more about the notable NFT sales for the week, please click on the link below.
Other News 👀
Web3|From Viral Jokes to Market Movers – Memecoins’ Rise in 2024 (Mar 24)
the crypto realm has been invigorated by the rise of memecoins, which draw inspiration from internet memes and pop culture. As 2024 unfolds, these currencies have seized the spotlight — particularly on the Solana blockchain — enticing both the online community and savvy investors with its unique blend of humor and economic interest.
Web2|Blast’s Crypto Valleys’ Token Hits $85M Cap; NFTs in Demand (Mar 25)
Following Blur‘s Layer-2 Ethereum scaling network, Blast, blasting off, the ecosystem’s blockchain farming game, Crypto Valleys, witnesses impressive growth in the value of its crypto and NFTs. Today’s transactions involving the game’s native currency, $YIELD, have reached an impressive $8.5 million, pushing the token’s current market cap to $85.1 million, as per DexScreener.
Web3|TWO aliens in the recent sales grid. (Mar 21) NFT
There is a strange feeling of satisfaction in seeing legendary NFT sales, even though we get nothing from it.
Weekly NFT Marketplace Volume 📣
Over the past week, the NFT marketplaces reached a total volume of $402.09 million, with Ethereum leads the NFT marketplace with a 46.50% market share over the past week. Bitcoin,Solana,Polygon follow, with Bitcoin at a 32.13% market share.